Karl Graff, Technology Leader at EWI
and Professor at The Ohio State University . Details
are at http://www. The bank has set
a goal that 90 percent of total paper purchases contain a minimum of 20
percent post-consumer recycled content by 2006. Bank of America Corporation stock (NYSE: BAC) is
listed on the New York Stock Exchange.

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Company Teams With Case Western Reserve University and The Ohio State
University

COLUMBUS, Ohio , EWI announced today a new
initiative that will expand the use of high power ultrasonics (HPU) in the
manufacturing, materials processing, biomedical and energy fields.
(2) Sustainable Forest Practices -- Ensure that source forests from which
virgin wood fiber is procured are managed using environmentally
preferable practices.

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edu.C. To reduce paper
sent to outside parties , it now offers online banking customers the option of
electronic statements in place of paper statements , for which over 1 million
customers have signed up.

About Bank of America
Bank of America is one of the world's largest financial institutions,
serving individual consumers, small and middle market businesses and large
corporations with a full range of banking, investing, asset management and
other financial and risk-management products and services.

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"Maintaining the ecological health of forests is a key factor in
sustaining the cultures, local communities and economies relying on this
resource," said Greg Taylor, Supply Chain Management executive.

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If the link is not live, please copy and paste into your browser.

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http://www. Fortune 500 companies and 85 percent
of the Global Fortune 500.

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The participation of industry and
government in setting the research programs , through Center membership, is
encouraged."
The new procurement policy, implemented on April 1, has three primary
goals:

(1) Source Reduction and Recycling -- Minimize the bank's consumption of
paper products containing virgin wood fiber, in order to reduce
demand on forests. Bank of America is the No.pdf

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The university is ranked by the National Science Foundation
among the Top 10 public research universities based on total research
expenditures and has been named among the Top 25 public research universities
every year U.
"These efforts will help protect forest ecosystems, conserve natural resources
and reduce pollution.
"We believe our paper reduction and recycling efforts are already best in
class, but we are eager to raise the bar," Taylor said.

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"The usefulness of ultrasonic techniques for sensing applications (e.osu.

Bank of America Implements Paper Procurement Policy

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EWI Joins Forces to Develop a Center for High Power Ultrasonics

"At the new HPU Center, promising
applications conceived in the laboratory will be reduced to practical use for
commercial development.

About EWI
Based in Columbus, Ohio, EWI is North America's leading engineering and
technology organization dedicated to welding and materials joining. For more
information, please visit http://www.S. 1 overall Small Business Administration
(SBA) lender in the United States and the No. The company serves clients in 150 countries and has
relationships with 98 percent of the U.

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sonar and medical imaging) is well known, but this HPU Center will promote the
use of ultrasonics as an efficient approach to stimulate beneficial changes in
materials," said Dr.

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"
In addition to simply encouraging best practices that protect endangered
forests, the new policy has teeth and aligns with the bank 's forest practices
lending policy, Taylor said. "Suppliers of paper products to the bank must
remain in compliance with applicable laws and regulations governing timber
harvesting and ensure their third party suppliers also comply with applicable
laws and regulations. "Efficient use of
resources reduces environmental impacts and expenses, driving benefits for
both our shareholders and the communities in which we do business.com

* Serving more middle market banking clients than any other bank.

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ewi.case.
"We applaud Bank of America's commitment to use less paper, buy post-
consumer recycled paper and promote sustainable forest management among its
paper suppliers," said Environmental Defense senior economist Robert Bonnie.
During the same time period in which the bank's assets have grown from
$670 billion in 2000 to more than $1 trillion in 2004, it has decreased the
amount of paper used in internal operations by 32 percent.

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The bank developed the policy in partnership with a group of key
suppliers, such as International Paper, and environmental organizations such
as Metafore, a non-profit group that works to conserve, protect and restore
the world's forests , and the non-profit organization, Environmental Defense. 1 SBA lender to minority-owned
small businesses .

http://www.

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Developments will be carried out in the
laboratories of the research experts, while the necessary ultrasonic systems
and hardware will be developed at the Edison Joining Technology Center labs of
the OSU Welding Engineering Program and EWI.

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Industry leading initiative aims to reduce virgin fiber demand and protect
endangered forests

CHARLOTTE, N.bankofamerica.

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About The Ohio State University

Founded in 1870, Ohio State University is a world-class public research
university and the leading comprehensive teaching and research institution in
the state of Ohio. Founded in 1826
and shaped by the unique merger of the Case Institute of Technology and
Western Reserve University, Case is distinguished by its strengths in
education, research, service, and experiential learning."
As part of the policy, the bank will continue its existing efforts to
reduce paper consumption , maximize recycled content where paper elimination is
not feasible, and recycle the paper it uses in internal operations and
receives from external sources.com/newsroom/press/pdfs/Paper_Procurement_Policy .

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Interested parties should send an email to chpu@ewi. EWI's
staff provides materials joining assistance , contract research, consulting
services and training to over 3,300 member company locations representing
world-class leaders in the aerospace, automotive, defense, energy, government,
heavy manufacturing , medical and electronics industries.

For web-sites focusing on a particular subject within archaeology , rather than a period, culture or region.

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org.
In 2004, 70 percent of the paper purchased by the bank contained recycled
content, at an average of 20 percent post-consumer content.

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"
The center will initially focus on manufacturing processes and physical
and chemical materials processing.g . "HPU is a relatively untapped field that has a
tremendous potential to improve a number of advanced and practical
manufacturing technologies."
The Center will open on April 1, 2006.org.
(3) Protection of Endangered Forests -- Require the bank's suppliers of
paper products to identify and appropriately manage endangered and
high conservation value forests. Bank of America's new policy is a big step forward for
the financial services industry, and we hope other firms will follow its
lead.

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This diverse area of science and technology is used in
fields ranging from materials forming and joining, to environmental
remediation. The center will bring together field of use experts, expertise in the
physics of ultrasound in solids, liquids and gases, and the design and
hardware of ultrasonic systems," said Dr. News + World Report has done the ranking.
To protect endangered forests, Bank of America will require suppliers of
paper products to warrant that neither their products nor product inputs,
whether sourced from internal operations or third party suppliers, were
derived from the harvesting of primary tropical moist forests, or primary
forests in temperate or boreal forest regions that are not managed using
sustainable forestry practices as verified by an independent third party
audit.bankofamerica.

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In
collaboration with Case Western Reserve University and The Ohio State
University, the company will establish a Center for High Power Ultrasonics. Donald Feke, Professor of Chemical Engineering at Case
Western Reserve University. With more than
50,500 students enrolled at its main Columbus campus, 18 colleges and 170
majors, the university offers its students tremendous breadth and depth of
opportunity in the liberal arts, the sciences, and the professions.edu. In 2004, the bank recycled 28,268 tons of paper,
effectively recycling all the paper it uses internally, plus the same amount
again received from external sources . The company
provides unmatched convenience in the United States, serving 33 million
consumer relationships with more than 5,800 retail banking offices, more than
16,700 ATMs and award-winning online banking with more than 12 million active
users.

http://www.

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About Case Western Reserve University
Case is among the nation's leading research institutions. Located in Cleveland,
Case offers nationally recognized programs in the Arts and Sciences, Dental
Medicine , Engineering, Law, Management, Medicine, Nursing, and Social Work., Bank of America, the nation's
largest retail bank, and one of the world's largest consumers of paper
products, has devised a new paper procurement policy that reduces impacts on
the world's forest ecosystems and promotes sustainable forestry practices."
Regarding forest practices, the bank will not align with suppliers engaged
in the conversion of high conservation value forests or natural forest
ecosystems to tree farms or plantations, on any scale, on lands that they own
or manage.

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HPU deals with the application of intense, high frequency acoustic waves
to change the properties of materials and systems or to drive physical or
chemical processes. "This new
policy expands on Bank of America's heritage of environmental stewardship to
address climate change, biodiversity and conservation of natural systems . The bank will require its suppliers to work with their third-party
suppliers of wood fiber to encourage and monitor compliance with conversion
requirements and promote retention of high conservation value forests and
natural forest ecosystems.S.

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"OSU, Case, and EWI have developed extensive capabilities in many fields
of HPU, as well as in the underlying technology of ultrasonics and ultrasonic
systems .

For more information on the bank's paper procurement policy, click on the
link below .